Ratings for Paycor HCM (NASDAQ:PYCR) were provided by 12 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 2 | 6 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 2 | 0 | 0 |
| 2M Ago | 3 | 2 | 3 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $26.58, along with a high estimate of $42.00 and a low estimate of $17.00. This upward trend is apparent, with the current average reflecting a 1.06% increase from the previous average price target of $26.30.
Interpreting Analyst Ratings: A Closer Look
A comprehensive examination of how financial experts perceive Paycor HCM is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Daniel Jester | BMO Capital | Maintains | Market Perform | $20.00 | $20.00 |
| Steven Enders | Citigroup | Lowers | Neutral | $17.00 | $20.00 |
| Gabriela Borges | Goldman Sachs | Lowers | Neutral | $19.00 | $22.00 |
| Scott Berg | Needham | Maintains | Buy | $42.00 | $42.00 |
| Patrick Walravens | JMP Securities | Lowers | Market Outperform | $30.00 | $32.00 |
| Bhavin Shah | Deutsche Bank | Lowers | Hold | $19.00 | $21.00 |
| Daniel Jester | BMO Capital | Lowers | Market Perform | $20.00 | $23.00 |
| Brad Reback | Stifel | Lowers | Buy | $22.00 | $25.00 |
| Siti Panigrahi | Mizuho | Lowers | Neutral | $19.00 | $22.00 |
| Mark Marcon | Baird | Lowers | Outperform | $27.00 | $36.00 |
| Scott Berg | Needham | Maintains | Buy | $42.00 | - |
| Scott Berg | Needham | Maintains | Buy | $42.00 | - |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Paycor HCM. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Paycor HCM compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Paycor HCM's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Paycor HCM's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Paycor HCM analyst ratings.
About Paycor HCM
Paycor HCM provides payroll and human capital management solutions to small and midsize clients in the United States via a software-as-a-service model. Alongside core payroll functionality, the firm's platform offers a suite of HCM solutions including talent management and time and attendance software, third-party integration capabilities, and industry-specific configurations. The firm targets customers with 10-1,000 employees and had over 30,000 customers as of June 2023.
A Deep Dive into Paycor HCM's Financials
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Paycor HCM showcased positive performance, achieving a revenue growth rate of 15.81% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Paycor HCM's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 3.31%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Paycor HCM's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 0.48%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Paycor HCM's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.22%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Paycor HCM's debt-to-equity ratio is below the industry average at 0.01, reflecting a lower dependency on debt financing and a more conservative financial approach.
Understanding the Relevance of Analyst Ratings
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.